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When sea ice covering the Arctic Ocean fell to a record-low level last month, much of the analysis in Asia and the Pacific focused on the opening of new and shorter commercial shipping routes to Europe, and increased access to... more ››

Canadians have entered the debt danger zone that helped trigger real estate crashes in the U.S. and Britain. The average household now has just 63 cents of disposable income for every dollar of debt, according to figures... more ››

In the United States, religious freedom is described as the “first freedom.” Americans invented religious freedom, we’re told, and it’s ready for export. The U.S. has been promoting religious freedom abroad for 14 years,... more ››

Is the United States an optimal currency area (OCA)? Is Canada? Should we have a monetary union? A fun new paper argues that the answer is "no," "no," and "sort of." Specifically that you could combine and then remix the United... more ››

Around the world, politicians are making the same discovery. Their constituents, who were satisfied simply not to be poor a generation ago, have now entered an era that might be called the Great Frustration. Those people on the... more ››